Sunday, October 21, 2012

Canada says still welcomes foreign investment despite Petronas

CALGARY, Alberta, Oct 20 (Reuters) - Canada said on Saturday
it still invites foreign investment in natural resources despite
its surprise rejection of a C$5.17 billion ($5.2 billion)
takeover of Progress Energy Resources Corp by
Malaysia's Petronas, a deal that had been expected to pass
muster easily.

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